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Monday, April 16, 2007

APPLICABLE FEDERAL RATES - MAY 2007

May 2007 Applicable Federal Rates Summary:

-Short Term AFR - Semi-annual Compounding - 4.79%
(4.84%/April -- 5%/March -- 4.87%/February)

-Mid Term AFR - Semi-annual Compounding - 4.57%
(4.56%/April -- 4.8%/March -- 4.64%/February)

-Long Term AFR - Semi-annual Compounding - 4.84%
(4.75%/April -- 4.95%/March -- 4.80%/February)

DIRECTION OF RATES: Mixed

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